Aurora Cannabis Inc (ACB)

[caryPT]

How will share count be reduced any time soon? Aurora can buy back shares and retire them but that can not happen anytime in the forseeable future because they dont have the money to do it. in my opinion, the stock price is waaaayyyyy ahead of the real earnings potential needed to justify current market cap approaching 10 billion dollars US ($10,000,000,000). It would take years of substantial earnings growth and declining operations cost to justify share price now.

So many variables at play and many many smart ppl and companies in this sector that it is impossible to know what Aurora will look like in a year or two. there are many vertically integrated companies coming online - the competition is increasing. if the US federally legalizes cannabis then i'm not sure Aurora will win. of course they will have had several years head start but the competition for US and European companies will be fierce. Nonetheless - cannabis is the most exciting sector to be invested in right now.

all my very humble opinion.

im looking for a reasonable pull back before i get back into Aurora.